Form 4: Accuray Inc. Executive Jesse Chew Reports Tax Withholding Transaction
SEC Form 4
Jesse Chew, SVP and General Counsel of Accuray Inc., reports the withholding of 12,831 common stock shares to cover tax obligations related to RSU settlement on September 30, 2024.
Summary
- On September 30, 2024, Jesse Chew, the SVP and General Counsel of Accuray Inc., had 12,831 shares of common stock withheld by the issuer to satisfy tax obligations.
- The shares were withheld in connection with the net settlement of Restricted Stock Units (RSUs).
- The price per share for the transaction was $1.8.
- Following the transaction, Chew directly owns 369,089 shares of Accuray Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine Form 4 filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a normal part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: Shares of Common Stock withheld for tax obligations. |
| 10/02/2024 | Date of signature on the Form 4 filing. |
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